Taipei, Thursday, July 24, 2014 21:24 (GMT+8)
partly cloudy
Taipei
28°C
Digitimes Research: STC to expand sapphire ingot capacity
Jessie Lin, DIGITIMES Research, Taipei [Tuesday 1 October 2013]

With more and more smartphones and other portable devices adopting sapphire as cover glass, sapphire ingot vendor Sapphire Technology Company (STC) is looking to double its production capacity to meet the anticipated growth in demand, according to Digitimes Research.

STC plans to invest a total of KRW20 billion (US$18.65 million) to double the current capacity of 1.37 million mm a month, said Digitimes Research. After the capacity expansion, STC's share of the global sapphire ingot market is expected to reach 30% from 10% in 2012, Digitimes Research indicated.

STC's sapphire ingots have already been adopted by Apple for camera lenses and home button for the iPhones, and by Samsung Electronics and LG for LED sapphire substrates and handset-use camera lens cover, Digitimes Research noted. STC stands a good chance of grabbing more orders from these existing customers, Digitimes Research said.

In addition, STC has enjoyed growth in its production utilization rates and rising sapphire ingot prices. STC is expected to utilize more than 80% of its production capacity in the fourth quarter, while the average selling price (ASP) for 2-inch sapphire ingots is set to exceed US$4, Digitimes Research pointed out.

Digitimes Research forecasts that STC's revenues will top KRW41.5 billion in the second half of 2013, up from KRW13.7 billion in the first half of the year and KRW22.1 billion in second-half 2012.

This article is an excerpt from a Digitimes Research Special Report (STC to expand sapphire ingot capacity). Visit our latest Special reports.

Realtime news
  • TSMC to offer more wafer starts to MediaTek in 3Q14

    Bits + chips | 1h 54min ago

  • TPK sees 2Q14 gross margin drop sequentially

    Before Going to Press | 34min ago

  • O-film Tech to acquire Shenzhen Temobi Science & Tech

    Before Going to Press | 36min ago

  • PCB maker Apex completes capital expansion

    Before Going to Press | 49min ago

  • Handset solution vendors may roll out 10-core CPUs in 2015

    Before Going to Press | 1h ago

  • TPK posts 1H14 net EPS of NT$1.37

    Before Going to Press | 1h ago

  • China market: Mainstream pricing for smart wireless routers stands at CNY100-200

    Before Going to Press | 1h 1min ago

  • More IC vendors to engage in merger or acquisition deals

    Before Going to Press | 1h 3min ago

  • Intel to launch Core M for use in notebook/tablet 2-in-1 models in 4Q14

    Before Going to Press | 1h 3min ago

  • Notebook thermal module makers eye business opportunities from electric vehicles

    Before Going to Press | 2h 12min ago

  • Career expects sales to peak in 4Q14

    Before Going to Press | 2h 13min ago

  • Acer sees booming sales of Chromebooks, says CEO

    Before Going to Press | 2h 21min ago

  • China PV module makers expected to ask Taiwan solar cell makers to offer incentives

    Before Going to Press | 2h 34min ago

  • LG launches cloud-based monitors

    Before Going to Press | 2h 35min ago

  • AUO able to produce 42- to 75-inch WCG curved Ultra HD TV panels

    Before Going to Press | 2h 37min ago

  • Touch Taiwan 2014 to take place in late August

    Before Going to Press | 2h 38min ago

  • Global Ultra HD TV penetration to reach at least 6-8% in 2014

    Before Going to Press | 2h 38min ago

  • Digitimes Research: Japan promoting service robots

    Before Going to Press | 2h 39min ago

  • Small- to medium-size China smartphone component makers under pressure of being forced out in 2H14

    Before Going to Press | 2h 40min ago

Pause
 | 
View more

Analysis of China's revised domestic semiconductor industry goals

RESEARCH EXTRAS | Jul 16, 18:09

Facing a funding shortage for local IC manufacturers, the China State Council in June 2014 published guidelines to strengthen government support for China's semiconductor industry, while stating the short-, mid-, and long-term goals for the related industry supply...

The transition to 4k TV - UHD TV market forecast, 2014-2017

RESEARCH EXTRAS | Jun 26, 13:59

Ultra HD TV vendors are facing challenges due to an overall slowdown in the TV industry and are concerned whether relative supply chains can provide compatible Ultra HD content and services. However, trends show that content makers as well as panel and chip makers...

Taiwan notebooks – 2Q 2014

TAIWAN ICT | Jul 23, 12:53

Taiwan's notebook makers saw an unexpected sequential rise in shipments in the second quarter after the end of Microsoft's support for Windows XP generated a wave of replacement demand. Compared to the same period of last year, their shipments still dropped....

China smartphone market and industry – 1Q 2014

CHINA SMARTPHONE | May 15, 15:08

This report is divided into two sections; the first covers the China smartphone market, including shipments from international players and China-based players. The second section covers the China smartphone industry and covers shipments from local makers in the...

Taiwan LCD monitors – 1Q 2014

TAIWAN FPD | May 13, 15:41

Monitor shipments from Taiwan makers declined in the first quarter of 2014 mainly due to seasonality. And both upstream LCD panel suppliers and downstream system vendors remain conservative about the monitor market in the second quarter.

Analysis of China revised domestic semiconductor industry goals
Media news email alerts
2014 global smartphone market forecast